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and the one in atlanta? >> i go to d.c. and i get stop dyeing your hair. i know. we live and die by the hair. >>> coming up. a lot on the detroit auto show. a top bmw executive is going to join phil lebeau. if you went to bed early last night, it was important. >> the golden globes were fantastic. >> did you see ben affleck sthp. >> yes. >> and steve iger. >> iran hostage drama "argo" won best movie drama. the musical and one of the universal films "les mis" won the contest for best comedy or musical as well as acting award for hugh jackman and ann hathway. and lincoln got only one golden globe out of seven because they found out he wasn't wearing that hat. >> bill clinton showed up, too. >> did he? >> yeah. >> he got the win. more importantly, duke lost to the wolf pack. they were undefeated and michigan lost to ohio state. so then you saw the falcons finally got off. >> and the patriots won? >> the patriots looked pretty good. >> it was a one-point gain, right? >> it was 30 seconds. anyway, we'll be back. i had to end with some sports after that hollywood dribble. this is america. we don't
rib? all we know is you can buy them in chicago right now after a successful test in atlanta. these pictures were taken by our cameraman who grabbed them. saying they are pretty good. quote, i've had much worse and a food blogger in atlanta raves about them. mcy d's stock has not performed as well as buffalo wild wings even though wing prices vokt skyrocketed in a year. however, wing prices have leveled off since the fall. chicken production rose so farmers could get rid of birds and not having to feed them high-priced corn. not all poultry news is positive. the biggest poultry producer of all, the colonel, will fall. china is parent company yum's largest market. both baird and oppenheimer believe the problem in china is transitory like taco bell was in the u.s. however, quote, it will get worse before it gets better. mcdonald's came under fire for allegedly letting chicken wings sit at room temperature for too long like we've done here. the news there, maria, mcdonald's was already selling wings in china, who knew? >> who knew. >> those do look good. which of the two fast fo
have it sent into a wreath into the gulf of mexico an atlanta ocean. you can have it launched in a fire work. basically the only thing you can't do is mix it with tidy cat, sue. >> there you go, ty. thanks so much. i know you've been working real hard on it. it is terrific. >> what can investors expect from tomorrow's employment report? we will tell you when we come back. plus, the powerhouse. a guided tour of america's top real estate markets today. we focus in on tampa. what does your money buy you right there? back in a minute. rated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades pen an account. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the all-new cadillac ats -- 2013
, atlanta is very geographically hamasive. it's like a mini l.a. you're going to have -- you're going to have the people there. you're not working out of this office. >> at the new american home there's close to 200 employees covering 2,000 homes in georgia, north carolina and florida, from inspecting and rehabbing foreclosures, to marketing them, to, yeah, dealing with whatever toil set overflowing or oven isn't heating. now, they rely on technology to cover it all. >> we use our ipads to complete our reports of a final walk to come in and give the contractor a list of items that they need to do to complete the home to get it ready for a future tenant to move in there. i drive anywhere from 100 to 200 miles a day on a typical day and lock at anywhere from 8 to 15 houses a day. >> reporter: at the mesh home they want to keep all of the management of these homes inhouse because then they can keep an eye on everybody, and they can keep all of that technology together. the question is going forward, can they do that on a large geographic scale. they say they can and the more homes they h
are the sectors leading this rally that you're expecting? >> well, i think -- a year ago i went to atlanta and phoenix and i looked at property prices in georgia and in arizona, and i felt they were very low so i wrote about this, and i thought one way to play is to obviously buy homes there, and also to own home building stocks. they have a huge move, and i think they are ahead of the fundament fundamentals. >> i have. >> i would essentially will be a builder. i think that technology is still available. leave it there. great to have you on the program. thanks so much. >> thank you very much. >> and i'm going to be checking the ow corinne, vietnam and china. marc faber, bublisher of the glom, and doom report. an exclusive company about one company's better than expected knelt. first, up next. >> it's not acceptable socially for aig to have taken this money and think that we can come back and sue the government. >> aig's current ceo deciding not to form former ceo hank greenberg in the bailout lawsuit against the government. he is here to talk about that and his new book out this week. back
as quickly as beef, hamburger prices. mcdonald first tried the mighty wings product in atlanta. it did well enough it's expanded to 500 stores in chicago. we sent cnbc camera man bob pollack, let him get lunch on the company. his review, quote, they are actually pretty good. spicy, i've had much worse. believed wings could be a successful new product. quote, we note a national launch could create cost pressure on wings as it relates to supply, could result in sustained high pricing for companies selling wings such as buffalo wild wings. you want to think about margin. here is the thing they are up $1.72 a year ago to $1.92. 2012 peeked at $1.90, they dipped as football season start, consolidated concept that negotiates prices for thousands of restaurants says for its customers wing prices up 50% from a year ago but flat since autumn. it suspects normal increases to be tempered into super bowl season because of increased chicken production. though of course if mcdonald's gears up big time, guys, that could negate this increased production offset, tyler. >> jane, thank you very much. they loo
meeting of the economics association at 3:30 p.m. futures are atlanta at the moment indicating a flat start but, of course, the open after the report that implied open for the s&p for what it's worth up .2 points for the s&p 500, dow jones is down 7 and fass dak up 2. ben lichtenstein is president of ben, we know what the consensus forecast is. we've upgraded for adp. 160,000. if we hit anywhere near that number, how do we trade through it afterwards? >> for the most part right now, the market continues to be poised for the continuing acquisition that we've been seeing. the market enjoying signatures gains this week. we saw the russell into all-time highs. really, what's the focus right now, ross, is the fact that the dollar is enjoying gains, as well. we've been seeing it gain some ground against the euro currency. i think that's mostly related to the fact that we've seen such a strong move in the interest rate products. we've been seeing the 30-year come off for the most part the last three weeks, really, since st election. and even about a week before that, we've
've had a good rain for the last day or so. we are more soaking rain north of atlanta. could be slowdowns t airport. now, the northern fringe, there could be a little sleet, a little freezing rain. we had that around memphis and nashville. not a lot of anything, but it doesn't take a lot to cause problems. meanwhile, the temperatures continue today into florida. atlanta bounces back. little rock watch out for morning slipperiness on the elevated surfaces. and we're keeping an eye on dallas for the rush hour and sleep pellets. a typically cold day in the midwest today. chicago will top out at 3 2, which is about right where you should be. we're back to average. a clipper system will scoot by to the north. and then we get to the northeast where the rain has backed off in boston and mostly around new york city it's to the south, down towards the mason dixon line. but tonight, that moisture will ride up the coast into the cold air. first, we get a nice day today around boston and new york city. so about average. look what happens. moisture returns up the coast. we've got cold air in there, be
from atlanta. good morning. >> good morning, simon. this is douglasville, a suburb of atlanta. very nice. you've got manicured lawns, a homeowner's association here, good schools. right next door is a government-owned fha foreclosure. this house was a foreclosure, but it was bought by an investor. this guy, aaron etleheight, i interviewed him a few years ago when he was buying foreclosures out of his living room. guess what, he now owns more than 2,000 homes. and he's turning his holdings into a real estate investment trust. just like apartment owners do. this is the new rental model. three years ago, did you ever think you would be as large as you are today? >> i hoped for it. it's happened a lot faster than i thought it would. >> now, edelheit employs 250 full-time workers. buy, rehab, market, rent and manage the homes. by buying the homes at a discount and using his own teams to rehab them, he's giving his investors not just cash flow, but he's bringing a distressed home back to its real value, a value that will likely grow. >> it's showed through dividend payments, through the p
atlanta to nashville. temperatures running at or above average. back to 60. new orleans with showers across central and florida. ft. myers, miami, and those areas will stay around 80 degrees of the front of the week. no major issues with this. minneapolis, st. paul after being in the frigid weather today. was the big story? a big travel day coast to coast. national rarity not showing a whole lot right now. in the pacific northwest, we have a little rain and snow today. the cascades may get a foot or snow, so watch travel on interstate 90. temperatures in seattle will once again be in the mid to upper 40s. southwest and the desert, it's cool for the season in phoenix. now, looking ahead, we'll show you the storm coming out of the southwest. it's going to pick up steam. this will be more of a storm. houston, maybe as far as norlt on the golf coast air. but there is so much warm air going into january and february, everybody gets rain. chicago, nashville, rain. joe, this coming week, that big snowpack that covers two-thirds of the country about a week ago will be eating away by warmer t
city. 54 at cape hatteras. could see some clouds and maybe rain in atlanta before all is said and done. near record high temperatures for parts of central and south florida. back out towards the west, the story not so much in terms of rainfall, but rather snow and wind. major delays expected for tomorrow out towards the west. but in terms of your delays today, not really an issue for you in places like atlanta, georgia, where we expect the clouds to build up. maybe some rain drops by the afternoon. but, again, no backups expected. just the opposite for you in chicago and st. louis. los angeles. we might even throw in san diego. could have some moderate delays in the afternoon hours. this is a quick snapshot on your forecast. let's send it back to you in the studio. >> thanks for that. joe. >> andrew, google's eric schmidt and former new mexico governor bill richardson are returning from a trip to north korea. eunice is joining us with highlights. they were going to look at hopefully diminishing the possibility of more missile firings and also access to the internet. i love that. becaus
is not going to change fundamentally what is going on in the real economy. atlanta fed president dennis lockhardt talked about cramer's rant and said, i believe that the correct policy posture is to let the markets work through the changes in risk appetite and pricing that are under way, but the market observations of one of my more strident counterparts -- and that is not jim cramer -- are worth sharing. jim, do you remember that day well? >> the market was down that day. you can't come out all the time and -- i don't know who their sources were, really. because they go on and on. that everything was going to be fine. the sources, you know, my trusted friends, colleagues have been in business a l time. they just weren't saying the same thing as the fed. it didn't actually -- it wasn't like i had a particular insight. there were a lot of people who thought this way. >> i was as well at that point, 2007, i remember your rant well because i said -- you know, i used to sit up in the back stairs, i thought, what in god's name is going on. i actually came down. i had no idea what that incred
of senators who oppose that provision. he joins us in atlanta. senator, good to have you back. good morning. >> good to be with you, carl. thanks. >> a lot of people might say what's wrong with 20%. i paid 20%. walk us through why this is such a problem. >> historically in america, the down payment has been -- the insurance on down payment and quality has been a combination of private mortgage insurance or credit enhancement and down payment. 20% down is a large number for most americans. in fact, as you said, about 40% of the american buyers would be out of the market. and the worst thing is capital would shrink in terms of being attracted to the mortgage market. the whole reason this is a problem is the dodd/frank bill required a risk retention provision on mortgages. if the rule requires 20% down or else the bank has to hold 5% risk retention, that's going to shrink capital coming into the mortgage market. >> how are you trying to cut this off at the pass? >> we're trying to use the old definition which works just fine. that is use private mortgage insurance to insure that portion of the
ceiling. senator johnny usington is a member of the finance committee. he joins us from atlanta. senator, thank you for being with us this morning. >> glad to be with you. happy new year. >> happy new year. we just made it through the fiscal cliff situation. i know this is a bill you voted for but you didn't like. why did you vote for it? >> i voted for it because it gave certainty to american business, small business, and families on what taxes would be. it made them permanent for everybody except those at $400,000 and $450,000 for a couple. it's good policy to make your tax policy permanent, so there's not uncertainty every year of what it's going to be the next year. that was the good part. the bad part, it was done behind closed doors when the issue should have been debated before the american people. that i am sure will happen on the debt ceiling. >> the president has said he will not negotiate on the debt ceiling. but we also have the sequester that's coming down the road. what do you think that these talks are going to start to look like? >> you have three cliffs coming in march,
, approaching 70 in nashville, 67 in memphis. are you kidding me? by friday, we see the 60s in atlanta, 70s this weekend in d.c., well up into the 16. eventually we're going to cool things off, especially in the west. if you like winter, it's the rockies, the plains. friday into the weekend. the east coast staying warm. for folks in new york city, wouldn't bet on big snowstorms any time soon. >> haven't had snow yet. >> no. >> we had -- >> two weeks ago we had quite a bit of snow. >> i was down, didn't happen -- >> quite a bit for us. >>> we're focusing on financials this morning. gerard cassidy covers the sector for rbc capital markets. we have earnings coming up later this week. then we move to more serious earnings later next week. let's talk about the banks now, gerard. you are -- you're positive, bullish on the sector broadly -- >> yes. yes, andrew. we are still bullish on them. we were bullish last year. we continue to be bullish due to the continuing improvement in earnings coming from credit improvement and also loan growth. >> now, you like the whole industry? i mean, would you buy
, atlanta showed me something that they didn't prevail, but they looked good. they were up 17-0. what can you tell me about, john, my fantasy, at that tacking to the center and the second term fantasy? i guess i'm going to have to just live with what's happening. that's not happening, is it? >> well, you know, the practical result of what he ends up getting out of the congress may be different than the vision he articulated. but i have to tell you, i was surprised at how assertive he was, how programmatic he was. he delivered a political manifesto yesterday, which is not what a lot of inaugural addresses are. usually there's more poetry in an inaugural address. it's a unifying moment. you're not talking a whole lot about programs or initiatives that you're pushing in particular, but he was. on liemt, which was notable because he didn't talk about that in the campaign. one of the things that fell to the wayside in the first at this term on gay rights. he tried to frame the argument about entitlement programs and programs serving the poor. and it was very striking, i thought, joe, the way h
will be in atlanta, moderate backups. charlotte and rally, my goodness, what a mess. both places, you could get major backups. as we take a look at a few other airports, nashville, those could be tough in the city. then washington, d.c. and philadelphia, moderate backups due to snow showers moving through in the late day hours. early evening until about 6:00, 6:30, could become a problem. guys. >> i used to date some people, reynolds, and they would change a lot and i would say they change like the weather. what does that tell you? the weather has always changed. that's why we use that expression, isn't it? >> you always have -- you will always have natural fluctuations. if we were not here on this planet whatsoever, there would be changes, always some kind of a fluctuation. we have patterns. they do indeed happen. >> that's all i'm going to get from him today. you know what? you're going to be on again time and i i'm going to start on you again. >> i know. i expect it. >> i'm going to send you this leaked icc document, reynolds. these temperatures are not rising. what's your e-mail? no, don't tell m
aasleep. tomorrow, the line moves through atlanta and charlotte, richmond, maybe even washington, d.c. after ice over the weekend. we are into severe thunderstorms. and it will pour rain here around chicago, detroit, indianapolis, we could see 3 to 5 inches of rainfall and flooding in this part of the country. the ground froze last week because it was so cold. now that ground is like concrete. the water falls off. in terms of the heat, just a sample of some cities. wisconsin in the 50s today. iowa in the 50s. some cities have gone to the low 60s in iowa this morning. down across florida, we're in the 80s. corpus christi could hit a high of 92 degrees this afternoon. the record is 86. guys, it would just shatter the old record high. >> eric, i had a friend who went to chicago and what was the -- who was the low in chicago and where is it now? it's like -- what's the -- i mean, it's a huge spread, isn't there, like unheard of. >> it is. chicago actually just got to 59, which ties the record high already this morning. >> and where was it three days ago? >> we had a high of i think 10 w
Search Results 0 to 17 of about 18